Real Progressives Live with Michael Hudson: The Destiny of Civilization
Michael Hudson explains how financial capitalism won the struggle with industrial capitalism and gave rentiers the upper hand.
Read more...Category Archives: The dismal science
The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China
Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.
Read more...Stop Worshiping Central Banks
Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.
Read more...Slouching Towards Reverse Colonialism
How sanctions against Russia are achieving the polar opposite of what colonialism was all about: controlling and exploiting resources.
Read more...Sunak Has Been Set Up To Fail and the Likelihood Is That He Will
Rishi Sunak has a Mission Impossible even before getting to his bad impulses. Most countries in the West face the same long list of problems
Read more...The Sveriges Riksbank Counterfeit Nobel Award Goes to Bernanke et al. for the Wrong Model
Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort
Read more...What Social Security Should Really Be Paying to Survive in This Economy
Inadequate cost of living adjustments are nevertheless giving Social Security gutters new talking points.
Read more...Central Bank Myths Drag Down World Economy
Central bank dogma over inflation is pushing the world economy into recession, with many dire consequences for poorer countries.
Read more...Michael Hudson Discusses Debt, Financial Surveillance, the Fed and More With Ralph Nader
Michael Hudson has a wide-ranging talk with Ralph Nader.
Read more...Free Market Genocides: The Real History of Trade
How so-called free trade has often brought large scale death, sometimes by design.
Read more...Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Read more...China as a Developmental State: Indigenous Innovation and Global Competition
China chose a successful technological development path, in contrast to the corporate financialization model in the United States.
Read more...Republicans Are Being Mean to the IRS, Not That the Democrats Are Helping
It may seem peculiar to offer a defense of sort to the IRS, since most people here regard doing their taxes with even less enthusiasm than a visit to the dentist (although attitudes depend very much on the state of one’s finances and teeth). However, the reporting on the Democratic Party plan to increase IRS […]
Read more...Economists Fear Fed Minutes Show Central Bank Bent on ‘Unleashing Mass Unemployment’
The Fed confirms its true colors of being in the business of disciplining labor, whether it makes sense of not.
Read more...Does Nature Have Rights? Victorian Polymath John Ruskin Thought So
Jeffrey Spear discusses how the insights of John Ruskin can help create a new paradigm for protecting the planet.
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